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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    150 Douglas Ave Altamonte Springs, FL 32714-3337

    • Hotels
    • 20,385 SF
    • 1.96 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0861251
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ramada by Wyndham Altamonte Springs Near I-4 / Hotel / Inn
    • My hotel / Hotel
    • Melina Elmendorf Realtor / Real Estate Agent
    • Fairfield Inn & Suites Orlando Altamonte Springs/Maitland / Hotel
    • Altemonte Springs Epoxy Floor Service Company / Flooring Store / Flooring Contractor

    Property Details for 150 Douglas Ave

    Year built
    1972
    Construction
    CONCRETE BLOCKS
    Lot size
    1.96 lot acres
    Property size
    20,385 SF
    Property type
    Hotels
    APN
    14-21-29-521-0000-0010
    APU
    14212952100000010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Altamonte Springs
    County
    Seminole
    State
    Florida
    Longitude
    -81.3908
    Latitude
    28.6633
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,425
    $0.00
    $0.00
    $1,621,446
    -
    $1,013,437
    $608,009
    $1,621,446

    Comparable in this City

    • Value Estimation
      $2,385,000
      55,117 SF

      235 Wymore Rd

      HOTEL • 55,117 SF
      235 Wymore Rd, Altamonte Springs, FL 32714-4204
      View Details
    • Value Estimation by Request
      82,750 SF

      270 Douglas Ave

      HOTEL • 82,750 SF
      270 Douglas Ave, Altamonte Springs, FL 32714-3336
      View Details
    • Value Estimation by Request
      51,229 SF

      205 State Rd 436

      HOTEL • 51,229 SF
      205 State Rd 436, Altamonte Springs, FL 32714-4201
      View Details
    • Value Estimation by Request
      79,470 SF

      161 Douglas Ave

      HOTEL • 79,470 SF
      161 Douglas Ave, Altamonte Springs, FL 32714-3334
      View Details
    • Value Estimation by Request
      68,617 SF

      230 State Rd 436

      HOTEL • 68,617 SF
      230 State Rd 436, Altamonte Springs, FL 32714-4223
      View Details
    • Value Estimation by Request
      67,794 SF

      151 Douglas Ave

      HOTEL • 67,794 SF
      151 Douglas Ave, Altamonte Springs, FL 32714-3334
      View Details

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      Altamonte Springs Office Building

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    • $3,510,000
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      Altamonte Springs Medical Office Building

      15,385 SF Office Building, $3.5M
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    • $75,000

      Altamonte Springs Specialty Property

      Specialty property available for sale in Altamonte Springs.
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      Land For Sale

      Land available for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      15,814 SF

      Altamonte Springs Office Building

      Versatile Office Space, Multiple Suites Available
      901 Douglas Ave, Altamonte Springs, FL 32714
      View Details
    • $15 SF/Yr
      22,000 SF

      Altamonte Springs Warehouse Space

      Prime I-4 location, flexible warehouse units
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    • Contact for pricing
      3,097 SF

      Active Retail Center on State Road

      Retail spaces available in a highly active shopping center.
      340 N State Road 434, Altamonte Springs, FL 32714
      View Details
    • $13 SF/Yr
      102,000 SF

      Maitland Center Office Complex Space

      Three-building office complex in Maitland Center with 154,000 SF.
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      View Details
    • Contact for pricing
      7,482 SF

      Altamonte Springs Office Space Available

      Office suites available in Altamonte Springs, move-in ready.
      222 S Westmonte Dr, Altamonte Springs, FL 32714
      View Details
    • Contact for pricing
      3,000 SF

      Active Retail Center on State Road

      Grocery-anchored retail spaces available in Altamonte Springs, Florida.
      150 S State Road 434, Altamonte Springs, FL 32714
      View Details

    Property Visit Statistics

    • Visits by month
      4.2k
    • Visitors by month
      2.2k
    • Avg Time on site
      441 min
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    150 Douglas Ave
    Altamonte Springs, FL 32714-3337
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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